Lala of Massey Knakal reps. seller in $1.255m sale of 20,463 s/f bldg.

A four-story, walk-up apartment building at 256-258 Woodworth Ave. was sold by Massey Knakal Realty Services in an all-cash transaction valued at $1.255 million. The 101' x 100' brick property contains 18 units of 20,463 s/f. Onsite parking lots allows parking for up to 10 cars. The transaction occurred at a capitalization of 10.31%. The property was sold to a private investor from Westchester. "The property features circuit breakers throughout, replacement windows, a resurfaced roof and the parking lot is underutilized," said Massey Knakal partner/managing director Marco Lala, who exclusively represented the seller. "There is great upside." Massey Knakal was the sole broker.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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